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$147,000

NAL Estimated Property Value

2816 37th Street, Lubbock, TX, 79413

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.28 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
FlooringHardwood

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,215 sqft

Building Information

Year Built1950
Roof Type105
Garage Spaces1

Land Information

APNR134189
Lot Number130
SubdivisionGoodart Sharp
Land UseResidential
Legal DescriptionGOODART-SHARP BLK 1 L 13
Census Tract002002
Assessed Land Value$6,200
Assessed Improvement Value$98,856
Assessment Year2025

About this property

Turn-key opportunity in Lubbock, TX. Offered fully furnished with all decor, linens, kitchenware, and contents included. Just take over and start earning from day one. This charming 2-bedroom, 1-bathroom single-family home is already set up as a performing short-term rental on Airbnb, meaning the hard work of staging and furnishing has been done for you. Everything you need to operate , or simply move right in comes with the property. The home features a large outdoor space perfect for guests looking to relax and enjoy the West Texas evenings. The HVAC system was replaced in 2023, giving the next owner confidence in one of the most important mechanical systems in the home. Whether you're an investor looking to add a short-term rental to your portfolio, or a buyer seeking a fully outfitted home at a great price point, this property checks every box.

Investor Tools

Property Icon
$147,000
Estimated Property Value
$98,250Estimated Mortgage Balance
$48,750Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$888 /month
Positive
Cash Flow Estimate:
$296 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,908
$105,056
2025
$6,200
$98,856
$105,056
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,908
$105,056

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Conventional
$108,000
No
First
Aug 19, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,250
$48,750
33%
67%
$648/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$648/mo
+$1,022/mo
13.6%

City: Lubbock

2816 37th Street | Property Details | No Agent List